See Also
Opinion: Tether is likely backed by Bitcoin U$ equivalents, not by cash US Dollars [June 2018]
A lot of the controversy surrounding the Tether cryptocurrency seems to focus on whether it is fully backed by US Dollar funds or not. Several relevant questions have been posed in this respect, such as why investors would keep U$ 2.5 billion (as of May 2018) in cash deposited as reserves for Tether, with little […]
ELI5 Cryptocurrency airdrops and giveaways : Why do cryptos get distributed for free?
There’s no such a thing as free lunch. The famous quote, which probably originated at a saloon in the middle of nowhere, raises a valid question about cryptocurrency airdrops and giveaways. You log into Twitter and, if you follow some of the most popular accounts, then you’ve probably seen something like this: $30 #Bitcoin giveaway […]
Exchanges adopting $USDT for $USD valuation should demand a Bitfinex audit
When a large exchange, like Bittrex for instance, adopts USD Tether ($USDT) as their US Dollar reference, they must offer investors some guarantee that the adopted benchmark is somewhat accurate. When you select USDT pairs in Bittrex, the user interface does not show USDT but shows U$ instead, clearly suggesting USDT is the official US […]
Who is Erik Voorhees? What is Erik Voorhees’ net worth?
Erik Voorhees (born 1985) is the founder and CEO of ShapeShift.io – an innovative and pioneering cryptocurrency exchange which allowed anonymous users to instantly exchange several pairs of cryptocurrencies. ShapeShift.io On ShapeShift’s original interface, users would automatically receive unique single-use deposit addresses. Cryptocurrency sent to that unique address would be automatically converted to another chosen […]